The sports betting revenue in Indiana, US, saw a three per cent year-on-year increase in January, reaching $55.1 million, up from $53.5 million in January 2024. This was a significant 74.9 per cent rise from the previous month of December, which had reported $31.5 million in revenue.
The total handle for sports betting in Indiana reached $538.7 million, a 12.1 per cent increase from the previous year’s $480.6 million. However, it did experience a slight drop of 4.4 per cent from December’s $563.6 million.
The state of Indiana collected $5.2 million in sports betting taxes in January, indicating a three per cent year-on-year increase and a 74.9 per cent month-on-month rise.
The growth in sports betting revenue and handle in Indiana highlights the increasing popularity of sports betting in the state. With more people participating in sports betting activities, the revenue generated continues to rise, benefitting both the sports betting operators and the state through tax revenues.
As the sports betting industry in Indiana continues to thrive, it provides a significant source of revenue for the state and offers a platform for sports enthusiasts to engage with their favorite sports in a new and exciting way.
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